Dubai PR Network, Online Press Release from Dubai and Middle East
Filter PR by
  
Malabar Gold & Diamonds Opens 2 New Showrooms as Part of Its Global Expansion Plan

Utilizes latest technology to create a safe and effective store inauguration experience

 

Dubai, United Arab Emirates, August 06, 2020:   Malabar Gold & Diamonds, one of the largest global jewellery retailer has opened two new showrooms in India as part of its global expansion plans. The new showrooms were opened at Kumbakonam in Tami Nadu and Chandigarh in Punjab. Malabar Group Chairman Mr. M. P. Ahammed inaugurated the showrooms through an online event. Senior directors, management team members, investors, and customers of Malabar Gold & Diamonds from over 10 countries attended the event via Zoom cloud video call.

Against the backdrop of Covid 19 pandemic, the group has decided to open the fully equipped showrooms exercising utmost caution to give a further push to its strategy of creatively positioning the brand in the market and continue its expansion plans with abundant caution and safety measures. This decision to open the new showrooms has gone down well with the customers as is evident from the initial footfall and customer response, top management of the company said.

Malabar Gold & Diamonds, which completed 27 successful years in business has over 260 showrooms across the globe in addition to 14 wholesale units, offices, design centers and factories spread across India, Middle East, Far East & USA. In India, the company has jewellery making units in Kolkata, Hyderabad, Bengaluru, Mumbai and Coimbatore. The company also has manufacturing units in the UAE, Saudi Arabia, Qatar and Oman. Well diversified product range and innovative designs differentiate Malabar Gold & Diamonds from competition.

Malabar Gold & Diamonds continues with its global expansion plan and is scheduled to open new showrooms in Patna in Bihar, Kammam in Telangana, Lucknow and Ghaziabad in Uttar Pradesh, Thane and Vashi in Maharashtra, Dwaraka in New Delhi, Indore in Madhya Pradesh, Malleswaram and Kammanahalli in Karnataka, Bhubaneswar in Orissa, and Srikakulam in Andhra Pradesh this year. Outside of India, the company is scheduled to open showrooms in Malaysia, Bangladesh, Singapore, UAE, Saudi Arabia and Qatar. 

“We plan to become the number one gold retail brand in the world, in terms of both showroom count and sales. As part of this plan, we will triple the number of showrooms in the next five years”, said Malabar Group Chairman Mr. MP Ahammed. “We have taken adequate precautionary steps and safety measures in our showrooms in the wake of Covid 19 pandemic. What makes our brand appealing to the global consumers is our highly diversified product range, immaculate designs, and impeccable after sales services”, he added.

“We have earned the trust and confidence of millions of customers with our transparency, facilities and services offered across our showrooms globally”, said Mr. Shamlal Ahamed,  Managing Director - International Operations of Malabar Gold & Diamonds. 

Malabar Gold & Diamonds offers gold ornaments fit for all occasions across age groups. The gold retailer offers world class facilities along with life long Free Maintenance, Buyback Guarantee, Zero Deduction for exchange and Transparency in business dealings. The company also offers maximum value while selling/exchanging old gold as well as advance booking facility by paying 10% of the value upfront.

 

 

Posted by : Publilink Dubai, Publilink
Viewed 11004 times
PR Category : Lifestyle
Posted on : Thursday, August 6, 2020  4:27:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to PubliLink Dubai

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
Parmigiani Fleurier's New Tondagraph GT Rose Gold Blue [5338-Views]
essence Essentials For your Eyes! [4084-Views]
Achieve Pore-fect Skin With the Face Shop's Latest Drop [3792-Views]
Versus Versace Republique - VSP1V0519 [3247-Views]
Ogilvy Becomes First Agency Brand to Reach 1 Million Followers on LinkedIn [3218-Views]
KARL LAGERFELD Back to Black [2927-Views]
Make Up for Ever is Breaking Through With a Lipstick Revolution With Rouge Artist [2644-Views]
Three GEMS Education Schools in Dubai Celebrate a Combined 75 Years of Quality Education [2628-Views]
OMEGA Goes Platinum-Gold For New James Bond Watch [2608-Views]
Huawei is Set to Dramatically Alter the Entry Level Smartphone Segment with the Launch of ... [2448-Views]
Indian shuttlers make a clean sweep at Dubai Sports Council's Community Club's Tournament [2390-Views]
How to Work the Hottest Fall Makeup Trends on a Budget [2341-Views]
Sharjah's Hamriyah Free Zone Inks Deal With Lamprell, Leading Provider of Fabrication, Eng... [2230-Views]
Flydubai Uses Cutting-edge Technology by ASD to Track and Clean Aircraft Seat Covers [2214-Views]
Dubai Chamber Whitepaper Examines Growth Potential of UAE Space Economy [2173-Views]
That Hair Tho THT Offers Complimentary Haircuts for Those Who Have Lost Jobs, Have Job I... [2148-Views]
Expo Centre Sharjah Delays Watch & Jewellery Middle East Show (WJMES) to April 2021 [2140-Views]
The Time to Prepare for COVID-19 Vaccine Transport is Now [2136-Views]
Free Me The First Naturally Kind Mosquito Repellent Made in the UAE [2120-Views]
Land Rover Defender Gains Plug-in Hybrid Electric Power, Six-Cylinder Diesel and New X-dyn... [2112-Views]
Euronews Investigates How the UAE is Using Artificial Intelligence in Healthcare and Educa... [2091-Views]
Medcare Partners with InterSystems to Implement World-Class Healthcare Information System [2066-Views]
Dabur Herb'l Launches Natural Gel Toothpaste With the Freshness of Aloe Vera [2046-Views]
Prevention is Better than Cure, Especially with Lice! [1972-Views]
Pogacar Reclaims White Jersey and Climbs to 2nd in General Classification [1964-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories